Electric Two Wheeler Market Analysis, Price Trend, Industry Overview and Report 2023-2028

August 24, 2024 akio01

Market Insights

As per recent research by MarkNtel Advisors, The Global Electric Two Wheeler Market is projected to grow at a CAGR of around 14% during the forecast period, i.e., 2023-28.

“In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecasts for years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.”

Request Free Sample Report: https://www.marknteladvisors.com/query/request-sample/electric-two-wheeler-market.html

Global Electric Two Wheeler Market Key Driver:

Expansion of E-scooter & E-motorcycle Rentals to Serve Tourists Drives the Market – Tourism is one of the major factors boosting the sales globally, as rental electric two-wheelers are the most preferred choice for tourists to visit the city hassle free on their own. Globally, the demand for these vehicles is being driven by urbanization, digitalization, micro-mobility, traffic congestion, and the cost of owning & maintaining bikes.

The tourist cities like Bali, Kuala Lumpur, Madrid, Delhi, etc., across the world, are facing traffic congestion & pollution caused by rapid urbanization that puts a lot of pressure on the public transport system. Therefore, the consumer prefers the rental electric two-wheeler as it offers hassle-free movement at a competent cost than renting a four-wheeler for the same purpose. As a result of the growing demand, various start-ups, such as Revel, City Scoot, Cooltra, VOGO, etc., that provide QR-based dockless services are increasingly expanding worldwide to gain significant revenues.

Thus, the expansion of e-scooter & motorcycle renting companies are notably driving the sales and is anticipated to continue to support the revenue expansion of the market in the upcoming years as well.

Market Segmentation and Consumer Behavior:

By VehicleType

Scooter/Moped
Motorcycle

By Application

Personal Use
Commercial Use

By Drive Type

Off road
Urban

By Travel Range

Up to 100 Km
101 to 150 Km
More than 150

By Battery Type

Lead Acid
Lithium Ion

By Battery Capacity

< 2 kWh
2-2.5 kWh
5 kWh

By Tire Size

50 x 17
90/90-12
5 x 17
120/70 ZR17
100/70-17
90/90-14
00-10
110/70-12
90/90-10
110/80-14
50-10
120/70-12
Others

Read Full Report: https://www.marknteladvisors.com/research-library/electric-two-wheeler-market.html

Electric Two Wheeler Market Geographical Analysis:

By Region:

North America
Latin America
Europe
The Middle East & Africa
Asia Pacific
South East Asia

Key Players and Competitive Strategies in the Electric Two Wheeler Market

Several prominent players dominate the Electric Two Wheeler Market, including:

Hero Electric Vehicles Private Limited
Okinawa Autotech International Private Limited
Energica Motor Company S.P.A.
AIMA Technology Group Co. Ltd.
Yadea Technology Group Co., Ltd
Terra Motors Corporation
Zero Motorcycles Inc.
Honda Motor Co., Ltd.
Dongguan Tailing Electric Vehicle Co., Ltd.
Silence Urban Ecomobility
emcoelectroroller GmbH
Vmoto Limited
Jiangsu Xinri E-Vehicle Co.,Ltd
GOVECS AG
Others

Report Delivery – MarkNtel Advisors offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

1.What factors are driving the Electric Two Wheeler Market growth?

2.How is the Electric Two Wheeler Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Electric Two Wheeler Market?

4.What is the current size of the Electric Two Wheeler Market, and how is it projected to change in the future?

5.What is the future outlook for the Electric Two Wheeler Market in terms of technological advancements and market expansion?

Request Customization – https://www.marknteladvisors.com/query/request-customization/electric-two-wheeler-market.html

Read Blog:

Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.